India's seafood exports touched an all-time high of INR 18,856 crore for 2012-2013, a 13.6 percent rise in value terms over the previous year, reported The Economic Times.
However, in dollar terms, the total value of $3.5 billion (€2.7 billion) registers only a marginal growth of 0.1 percent.
"The poor growth in dollar terms is due to a sharp decline in the unit value of marine products. Exports did not fetch high prices, the way they did in the previous year," said Leena Nair, chairman of the Marine Products Exports Development Authority.
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